Settings8H · net · $10k
Funding arb · Price arb /

ENA

all ENA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.011%
Price spread now: SoDEX against Extended+0.141%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.141% dearer against Extended than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ENA-USD0.20610.0104pay 0.0013% / 1h30m 54s$1.6M$4.7M50x
ShortSoDEX ENA-USD0.20640.0100get 0.0013% / 1h30m 54s$6K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.141% → 0.000%
$14.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$0.28
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: live order book, 1 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago1.94 bp4.9 bp −$511.9 bp −$119doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 42 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ENAUSD−0.0344%1h0.2050−0.538%$4K$6010xas long as short
Orderly PERP_ENA_USDC−0.0172%4h0.2064+0.141%$43K$13K10xas long as short
Kraken Futures PF_ENAUSD−0.0135%1h0.2064+0.139%$2.5M$3.1M50xas long as short
Bitget ENAUSDT−0.0028%4h0.2061−0.019%$46.5M$56.5M75xas long as short
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2065+0.175%$72K$1.2M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0004% / S −0.0004%1h0.2064+0.159%$80K150xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2122+2.950%$734$57K5.5xas long as short
Lighter ENA+0.0096%1h0.2064+0.127%$4.8M$12.7M10xas long as short
Popdex ENAUSDT+0.0096%1h0.2065+0.190%$51K$391K50xas long as short
Paradex ENA-USD-PERP+0.0099%8h0.2063+0.092%$46K10xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ENA-PERP+0.0100%1h0.2065+0.178%$530K$1.7M10xas long as short
Hyperliquid ENA+0.0100%1h0.2062+0.039%$110.7M$77.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2064+0.141%$1.3M$3.3M50xas long as short
Pacifica ENA+0.0100%1h0.2063+0.079%$376K$510K10xas long as short
Binance ENAUSDT+0.0100%4h0.2062+0.045%$123.2M$406.3M75xas long as short
Bybit ENAUSDT+0.0100%4h0.2062+0.039%$82.8M$186.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2062+0.064%$20.5M$97.4M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2062+0.025%$32K$317K5xas long as short
Arcus ENA-USD+0.0100%1h0.2064+0.141%$76K$227K10xas long as short
Bulk ENA-USD+0.0100%1h0.2082+0.990%$102K$11K10xas long as short
Gate ENA_USDT+0.0100%4h0.2062+0.054%$13.7M$27.1M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2062+0.049%$42.1M$41.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2063+0.088%$24.5M$14.8M75xas long as short
BingX ENA-USDT+0.0100%4h0.2062+0.030%$29.7Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2062+0.064%$399K$475K5xas long as short
Variational Omni ENA+0.0100%4h0.2080+0.923%$2.9M$7.7Mas long as short
edgeX ENAUSDC+0.0100%4h0.2059−0.086%$239K$6.8M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2062+0.024%$351K$4.1M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2059−0.101%$22K$648K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2064+0.151%$121K$2.5M10xas long as short
SunX ENA-USDT+0.0100%4h0.2015−2.236%$1K$926K20xas long as short
SoDEX ENA-USDshort+0.0100%1h0.2064+0.141%$6K$5K10x
HTX ENA-USDT+0.0100%4h0.2066+0.253%$266K$779K50xas long as short
Phemex ENAUSDT+0.0100%4h0.2064+0.141%$1.8M$9.0M50xas long as short
Extended ENA-USDlong+0.0104%1h0.2061long leg$1.6M$4.7M50x
Aevo ENA-PERP+0.0104%1h0.2064+0.117%$72K$4K3xas long as short
Phoenix ENA+0.0113%1h0.2065+0.204%$13K$278K10xas long as short
GMX ENA/USD [ETH-USDC]L +0.0303% / S −0.0754%1h0.2065+0.170%$57K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2062+0.054%$5.5M$3.3M75xas long as short
Reya ENARUSDPERP+0.0411%1h0.2064+0.132%$1K15xas long as short
Coinbase International ENA-PERP-INTX+0.0480%1h0.2071+0.461%$758K$1.8M50xas long as short
dYdX ENA-USD+0.1525%1h0.2064+0.156%$137K$15K5xas long as short